The combination Australian Dollar/Canadian Dollar (AUD/CAD) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 0.91378 is certain.
Caution: A possible reversal of the trend in the direction of support at 0.90867 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.91747 |
2nd High | 0.91641 |
Next High | 0.91378 |
Current Price | 0.91238 |
Next Low | 0.90867 |
2nd Low | 0.90776 |
3rd Low | 0.90710 |